Amazon Acquires iRobot for $1.7 Billion

August 8, 2022

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Amazon’s ($NASDAQ:AMZN) acquisition of iRobot for $1.7 billion appears to be a strategic move on the part of the tech giant. iRobot is a leading manufacturer of robotic vacuums and has recently launched an AI-powered platform for its robot vacuums and mops. If Amazon can make this acquisition work, it could mean big things for the company in terms of its presence in the smart home market.

However, it remains to be seen whether or not the deal will actually go through, as it still needs to be approved by iRobot’s shareholders.

Market Reaction

On Friday, Amazon announced that it had acquired iRobot, a leading consumer robotics company, for $1.7 billion. This move gives Amazon a strong foothold in the consumer robotics market and could help them further expand their home automation offerings. Amazon stock opened at $140.1 on the news and closed at $140.8.

VI Analysis

The company’s fundamentals are a reflection of its long term potential. The following analysis of has been made simple by the VI app. The VI Star Chart shows that is strong in asset growth, medium in profitability, and weak in dividend. has a high health score of 8/10 considering its cashflows and debt, and is capable of sustaining future operations in times of crisis. is classified as a ‘cheetah’, a type of company that achieved high revenue or earnings growth but is considered less stable due to lower profitability. At the right price, it is suitable for those who want to invest for high capital gains. High growth companies are deemed more volatile as they attempt to grow faster.



This move signals Amazon’s continued interest in the robotics space and its intention to compete with other tech giants like Google and Apple in this emerging market. Amazon has a history of making smart acquisitions that have helped them dominate new markets, and there’s no reason to believe that iRobot will be any different.

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